The Specialist in Seattle Real Estate
State and local tax deductions are capped at $10,000 (Disclaimer: I am not a tax expert and do not take this information as tax advice. I’ve just collected some news reports and I’m repeating what I heard here) Currently, taxpayers can deduct what they pay in state and local property, income, and sales taxes from …
No, it’s not your imagination. Seattle is rapidly growing and it shows no signs of slowing down. Everyone has noticed the downtown skyline filling up with cranes. According to the Downtown Seattle Association, in 2016 there were more cranes in downtown Seattle than in San Francisco and New York City… combined! Downtown Seattle has added …
I’m not sure this will get much traction in Seattle’s current heated seller’s market. First of all, Opendoor expects seller’s to sell to them at a discount to the going market rate in exchange for a quick sale. That’s kind of upside down to what we are experiencing. Most sellers can sell to buyers on …
The new Case-Shiller Home Price Indices were released today and it shows Seattle has the fifth largest percentage of increase of value of all of the 20 major metropolitan cities included in the index over the last year. The top five were: Seattle has been one of cities that has consistently shown growth year-over-year sustained …
Today FHA announced some big changes to their condo financing guidelines, which will be effective immediately. Calculations for owner-occupied percentages are changing, and second homes will no longer be counted against the 50% owner-occupied requirement. Insurance requirements are also being adjusted to allow more developments to qualify. Also, a new streamlined recertification process has been …